China Deferred Long Term Liab vs Intangible Assets Analysis

601601 Stock   33.90  0.48  1.44%   
China Pacific financial indicator trend analysis is way more than just evaluating China Pacific Insurance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Pacific Insurance is a good investment. Please check the relationship between China Pacific Deferred Long Term Liab and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Pacific Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Deferred Long Term Liab vs Intangible Assets

Deferred Long Term Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Pacific Insurance Deferred Long Term Liab account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China Pacific's Deferred Long Term Liab and Intangible Assets is 0.85. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of China Pacific Insurance, assuming nothing else is changed. The correlation between historical values of China Pacific's Deferred Long Term Liab and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of China Pacific Insurance are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Deferred Long Term Liab i.e., China Pacific's Deferred Long Term Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from China Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Pacific Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Pacific Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 1, 2024, Selling General Administrative is expected to decline to about 7 B. In addition to that, Tax Provision is expected to decline to about 3 B
 2023 2024 (projected)
Income Before Tax32.0B18.9B
Operating Income39.8B41.8B

China Pacific fundamental ratios Correlations

0.840.960.740.980.961.00.960.650.97-0.060.980.770.370.920.90.860.930.90.290.90.690.87-0.6-0.6-0.6
0.840.810.780.780.780.840.760.810.850.10.860.890.540.860.860.850.720.790.350.840.630.79-0.14-0.14-0.14
0.960.810.630.980.970.960.880.520.96-0.20.980.70.530.920.920.830.890.920.290.920.620.91-0.55-0.55-0.55
0.740.780.630.680.670.740.790.680.620.040.690.710.090.770.690.810.750.630.30.640.690.63-0.23-0.23-0.23
0.980.780.980.680.990.980.940.510.95-0.220.970.670.380.930.920.860.940.930.240.920.70.91-0.63-0.63-0.63
0.960.780.970.670.990.970.920.490.95-0.290.970.680.420.940.950.860.920.950.280.950.650.93-0.58-0.58-0.58
1.00.840.960.740.980.970.960.640.97-0.070.980.770.360.920.910.860.940.910.290.910.690.88-0.6-0.6-0.6
0.960.760.880.790.940.920.960.550.88-0.090.920.690.150.910.870.90.980.850.360.850.780.79-0.65-0.65-0.65
0.650.810.520.680.510.490.640.550.650.430.60.870.310.540.520.520.450.530.10.520.460.53-0.18-0.18-0.18
0.970.850.960.620.950.950.970.880.65-0.040.980.80.530.880.90.790.840.890.290.920.570.88-0.54-0.54-0.54
-0.060.1-0.20.04-0.22-0.29-0.07-0.090.43-0.04-0.10.27-0.09-0.26-0.28-0.2-0.2-0.27-0.01-0.29-0.09-0.290.080.080.08
0.980.860.980.690.970.970.980.920.60.98-0.10.770.50.930.930.870.910.910.390.920.640.87-0.54-0.54-0.54
0.770.890.70.710.670.680.770.690.870.80.270.770.520.680.730.650.570.680.290.740.420.68-0.14-0.14-0.14
0.370.540.530.090.380.420.360.150.310.53-0.090.50.520.350.480.270.160.430.340.49-0.120.460.180.180.18
0.920.860.920.770.930.940.920.910.540.88-0.260.930.680.350.970.970.930.940.370.940.810.89-0.45-0.45-0.45
0.90.860.920.690.920.950.910.870.520.9-0.280.930.730.480.970.930.870.960.390.990.710.91-0.39-0.39-0.39
0.860.850.830.810.860.860.860.90.520.79-0.20.870.650.270.970.930.910.850.470.880.850.79-0.36-0.36-0.36
0.930.720.890.750.940.920.940.980.450.84-0.20.910.570.160.930.870.910.850.40.830.790.78-0.66-0.66-0.66
0.90.790.920.630.930.950.910.850.530.89-0.270.910.680.430.940.960.850.850.20.950.70.96-0.51-0.51-0.51
0.290.350.290.30.240.280.290.360.10.29-0.010.390.290.340.370.390.470.40.20.30.150.02-0.02-0.02-0.02
0.90.840.920.640.920.950.910.850.520.92-0.290.920.740.490.940.990.880.830.950.30.670.94-0.41-0.41-0.41
0.690.630.620.690.70.650.690.780.460.57-0.090.640.42-0.120.810.710.850.790.70.150.670.63-0.51-0.51-0.51
0.870.790.910.630.910.930.880.790.530.88-0.290.870.680.460.890.910.790.780.960.020.940.63-0.42-0.42-0.42
-0.6-0.14-0.55-0.23-0.63-0.58-0.6-0.65-0.18-0.540.08-0.54-0.140.18-0.45-0.39-0.36-0.66-0.51-0.02-0.41-0.51-0.421.01.0
-0.6-0.14-0.55-0.23-0.63-0.58-0.6-0.65-0.18-0.540.08-0.54-0.140.18-0.45-0.39-0.36-0.66-0.51-0.02-0.41-0.51-0.421.01.0
-0.6-0.14-0.55-0.23-0.63-0.58-0.6-0.65-0.18-0.540.08-0.54-0.140.18-0.45-0.39-0.36-0.66-0.51-0.02-0.41-0.51-0.421.01.0
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China Pacific Account Relationship Matchups

China Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5T1.8T1.9T2.2T2.3T2.5T
Total Stockholder Equity178.4B215.2B226.7B228.4B249.6B128.0B
Other Liab900.5B1.0T1.2T1.4T1.6T1.7T
Cash14.9B20.9B32.5B33.1B31.5B19.7B
Other Assets68.3B79.9B94.7B110.1B126.7B133.0B
Short Term Investments511.8B596.2B645.4B715.1B822.3B863.5B
Total Liab1.3T1.6T1.7T1.9T2.1T2.2T
Intangible Assets3.7B4.7B5.5B6.7B7.1B7.5B
Property Plant Equipment18.4B22.5B22.1B22.7B26.1B27.4B
Long Term Debt10.0B10.0B10.0B10.0B10.3B10.3B
Retained Earnings89.8B103.5B117.8B105.2B121.4B127.5B
Accounts Payable128.2B132.3B134.7B30.5B35.1B33.3B
Other Current Liab73.7B84.7B84.6B86.6B99.6B80.2B
Total Current Liabilities267.5B293.5B323.2B307.1B353.1B288.5B
Net Tangible Assets145.3B173.4B209.2B219.9B252.8B179.7B
Net Receivables26.4B57.6B67.8B74.8B86.0B90.3B
Other Current Assets59.3B65.8B63.1B63.9B73.5B66.2B
Other Stockholder Equity13.7B23.1B19.7B6.4B7.3B11.0B
Deferred Long Term Liab1B955M924M982M1.1B921.5M
Long Term Investments832.4B962.6B1.1T1.3T2.0T1.1T
Total Current Assets132.3B133.7B143.6B161.2B185.3B147.3B
Net Invested Capital188.4B225.2B236.7B238.4B259.9B228.4B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Pacific Insurance at a specified time, usually calculated after every quarter, six months, or one year. China Pacific Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Pacific and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.